Clausi on the Existing Shareholder Exemption financing model
Peter M. Clausi, CEO of GTA Resources and Mining Inc. (TSXV: GTA) (“GTA”) in an interview with InvestorIntel Senior Editor Jeff Wareham discusses GTA’s Northshore property with its >1 million ounces of gold, its Big Duck Lake gold project and underlying financing. Big Duck Lake has 46 documented gold showings and part of the property has an “…historic estimate of 53,000 tons, with more than 10 grams of gold per ton.” GTA is one of the first companies in Canada to use a crowdfunding prospectus exemption called the Existing Shareholder Exemption, with the use of proceeds going towards exploration at Big Duck Lake. Peter explains how if you are an existing shareholder you have a built-in exemption, making this a “very equitable financing option” – for information on how this works, visit GTA’s website by clicking here…to access the complete interview, click here
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